Texas Personal Loan for Bad Credit Laws and Regulations in (TX)

(last updated 02/06/2019)

This information is for informational purposes only.
Although care has been taken to accurately describe the
laws and regulations in Texas, no
guarantees are implied or expressed about its
accuracy. This is not legal advice. If you need legal advice,
please consult an attorney or the Texas Office of Consumer Credit Commissioner.

The following classes of lending organizations may be exempt from some, all, or none of the regulations and laws set by the state of Texas. Federally chartered banks, state chartered banks, credit unions and some entities organized under the laws of a sovereign nation (for example) a Native American Tribe or the country of Antigua.

The Lone Star State is known for its size, covering two time zones and nearly 270,000 square miles. Texans know that it’s also home to massive weather systems in the form of thunderstorms, hurricanes, and tornados. When bad credit threatens your financial security, where can you find shelter? A personal loan can help you deal with life’s Texas-sized challenges.

The weather is the only thing brave enough to mess with Texas. You live in Galveston, so of course you get nervous whenever the weather man mentions the word “hurricane.” The area is hit or brushed by a hurricane every 2 to 3 years. You grew up listening to stories your grandmother told about the hurricane of 1900 that killed her parents. It was the deadliest weather event in US history.

The weather forecast is calling for a category 1 hurricane to hit shore near Galveston this evening. There are no evacuation notices, so you intend to stick it out after nailing some plywood over the windows. As the evening progresses, the storm gathers intensity. Winds up to 100 mph are being reported. The howling outside inspires you to say a few prayers, and you wonder if hurricane season is what caused Eastern Texas to become known as the buckle of the Bible Belt.

After the storm passes, you assess the damage to your home. The heavy winds peeled off some of the plywood, and five windows are broken. Torrential rains that poured in through the broken windows have soaked and ruined the carpet in the living room. Repairs will cost about $4000. Like most Texans, you have good insurance, but you also have a high deductible. You’re going to have to pay $2,500 out of your own pocket, and you don’t just have that money lying around. How will you pay for the damage since your credit rating is as low as your checking account balance?

When the storms roll in, let We Give Loans help you find refuge. A personal loan can be just the thing to keep you from being drenched by your finances when the expenses of everyday life come raining down. But when you have blemishes on your credit, it may be hard to find the relief you need.

Our network offers access to 10,482 loan sources that issue personal loans for people with bad credit. With one short, secure form, We Give Loans can pair you with the right loan source for your situation. Approval often takes just minutes and if approved, funds are often available in 1 to 72 business hours! With loans available from $500 to $5,000, even with bad credit you may qualify for an installment loan that allows repayment over 2 to 36 months.

We Give Loans has helped over two million people take shelter from the financial storms in their lives since we started in 2006. Complete our form now, with no cost or obligation, and see how quickly our consumer-to-lender pairing process can help you find the right personal loan for you.